Credit scores are only one aspect of the game, as another poster said above. I'm right around the corner from being above 830 I'd say another 10-11 months and I'll be there. Once that happens, my debt will be zero and when the housing market cools off and those crazy prices and rates come down, I will be buying a home for the first time. Beyond that, the goal is to save as much cash as I can and then beyond that, more investing.
Possible Side Quest: Try to get your Fico 10 scores to 850
@iowe wrote:
Possible Side Quest: Try to get your Fico 10 scores to 850
How can I get FICO 10 scores? I guess I'd have to pay for them here or elsewhere. Is 850 easier or harder to achieve with FICO 10?
Not that I really care about those last few points anyway. 848 on TU FICO 8 is great, and they may inch up a bit more as my accounts age more if I stay in the garden. My final credit goal at this point is to reach diamond, 0/24, no inquiries, in October. After that, well, I have nowhere else to go credit wise. Unless I CLI the bleepity bleep out of everything, but what's the point. I don't want or need any more, and too high a limit makes me uncomfortable.
Your Fico 10's are available here on myfico. They might be significantly lower than your 8's are. Different scoring model.
But, I personally wouldn't really bother with the 10's. Nobody realistically uses those yet anyway. I would save cash and invest and challenge myself to maintain those scores.
I've reached many plateaus over my credit life. Just when I think everything is as good as I will ever need it to be, something happens. The Great Recession hit, and the value of my primary residence and rental properties dropped by 60% (took a decade to recover). Financial institutions discontinued or nerfed my highest rewards credit cards (Citi Forward and Chase Freedom Plus). Reliable vendors suddenly suffered significant drops in customer service levels (I'm looking at you Amazon).
Personally, I am in a very good place right now. I retired last year. My house is paid off. My cars were bought with cash. And, I'm currently working my way through my travel bucket list using millions of miles/points that I managed to accumulate over the past decade. But, I know from experience that downturns are inevitable.
Basically, change is certain. One needs to be ready to roll with the punches.
